Six held in customs money laundering probe raids

Six people have been arrested in raids as part of an investigation into a suspected £14m money laundering fraud.

Three men and three women were held in the swoop on nine business and residential properties in Carmarthenshire and Swansea.

Searches were carried out in Ammanford, Pontardulais, Carmarthen, Swansea and Ponthenry, near Llanelli.

The HM Revenue and Customs investigation (HMRC), codenamed Operation Festival, is continuing.

Almost 60 investigators were backed by officers from Dyfed-Powys Police and the South Wales Regional Asset Recovery Team for the early morning raids prompted by alleged tax fraud.

A man aged 60 and a 47-year-old woman were held in Ammanford, a 21-year-old woman was held in Pontardulais, and two men, aged 41 and 32 - and a 40-year-old woman - were held in Carmarthen.


HMRC assistant director for criminal investigation, Adrian Farley, said: "This HMRC-led investigation targets suspected money laundering offences.

"Further details cannot be provided at this early stage, as our investigation is continuing.

"Attempts to launder the proceeds of crime are treated extremely seriously by HMRC and our searches today send out a message to those involved in this type of criminality.

"We will continue to pursue anyone believed to be actively involved in money laundering."

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